CPG stock: buy or sell?
February 26th, 2020
Crescent Point Energy Corp. acquires, explores, develops, and produces light and medium oil and natural gas properties in Western Canada and the United States.
Should I buy CPG stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to define your own trading strategy that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Crescent Point Energy stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Crescent Point Energy stock a buy?
Financial institutions and banks publish stock ratings everyday.Unfortunately, we couldn't find any rating for CPG stock for the last month.
CPG stock analysis
Crescent Point Energy plunged a dreadful -5.92% and closed at $2.70.
Crescent Point Energy plunged a dreadful -5.92% and closed at $2.70. For the last 33 days when CPG stock price broke down the SMA200d line, it slid $-1.14 per share (-29.69%).
Crescent Point Energy shares plunged -15.09% this week, ending at $2.70.
Crescent Point Energy stock fell under the support line what triggered further losses. Since late January, when CPG stock price broke down the 40-weeks moving avarage line, it slid $-1.50 per share (-35.71%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support. Since SMA20w and SMA40w crossed up by mid July 2019, CPG price slid a -19.40%.
CPG stock price history
CPG stock went public on July 21st, 2006 with a price of $6.781. Since then, CPG stock lost a -60.20%, with a yearly average of -4.60%.
1: Adjusted price after possible price splits or reverse-splits.
CPG stock historical price chart
CPG stock reached 52-week highs on January at $4.84, and all-time highs 2014-07-01 with a price of 31.86.
CPG stock price targetNobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' CPG stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not detected any price target for Crescent Point Energy stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareCrescent Point Energy let down analysts on March when it posted an Earnings per Share (EPS) of $-0.02 when the analysts' forecast was $0.09.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Crescent Point Energy annual revenues skyrocketed an extraordinary 17.29% to $3,320.50 million dollars from $2,830.90 marked in 2017. When comparing 2018 vs 2017, on the other hand, profit margin (that is, the net income divided by revenues) plummed a -74.43% to -78.81%.
|2013||$2,880 M||-||$145 M5.0%||-|
|2014||$3,460 M||20.14%||$509 M14.7%||251.25%|
|2015||$2,364 M||-31.67%||$-870.20 M-36.8%||-271.00%|
|2016||$2,185 M||-7.60%||$-932.70 M-42.7%||7.18%|
|2017||$2,831 M||29.58%||$-124.00 M-4.4%||-86.71%|
|2018||$3,321 M||17.29%||$-2,616.90 M-78.8%||2,010.40%|
Quarterly financial resultsCrescent Point Energy reported $671.50 M in revenues for 2018-Q4, a -26.29% less compared to previous quarter. Reported quarter earnings marked $-2,390.50 M with a profit margin of -355.99%. Profit margin plunged a -359.34% compared to previous quarter when profit margin was 3.35%. When comparing turnover to same quarter last year, Crescent Point Energy sales marked a frightening loss and collapsed a -13.27%. Looking back to recent quarterly results, Crescent Point Energy posted 2 negative quarters in a row.
|2017-Q1||$693 M||-||$119.40 M17.2%||-|
|2017-Q2||$693 M||-0.04%||$83.60 M12.1%||-29.98%|
|2017-Q3||$652 M||-5.83%||$-270.60 M-41.5%||-423.68%|
|2017-Q4||$774 M||18.72%||$-56.40 M-7.3%||-79.16%|
|2018-Q1||$806 M||4.12%||$-90.70 M-11.3%||60.82%|
|2018-Q2||$932 M||15.61%||$-166.20 M-17.8%||83.24%|
|2018-Q3||$911 M||-2.24%||$30.50 M3.3%||-118.35%|
|2018-Q4||$672 M||-26.29%||$-2,390.50 M-356.0%||-7,937.70%|
Crescent Point Energy ownershipWhen you are planning to invest in shares of a stock, it's worth to have a look its ownership structure.
Crescent Point Energy shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.25% of all shares.
In case of Crescent Point Energy stock, 42.27% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for CPG stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Crescent Point Energy:
|Market cap||$1.5 B|
|Total shares||545.2 M|
|Float shares||539.0 M|
|- Institutional holdings (%)||42.3%|
|- Insider holdings (%)||0.2%|
|Shares in short selling||0.0%|
|Wednesday, February 26th, 2020|
|Day range||$2.70 - $2.91|
|Average true range||$0.15|
|50d mov avg||$3.80|
|100d mov avg||$3.81|
|200d mov avg||$3.63|
Crescent Point Energy performanceTo better understand Crescent Point Energy performance you must compare its gains with other related stocks in same sector or industry. We compared Crescent Point Energy against in the following table:
|CPGCrescent Point En...||-22.64%||-14.29%||-14.83%|